Genting 4QFY19 net profit down 19%, declares 9.5 sen special dividend
KUALA LUMPUR (Feb 27): Genting Bhd’s net profit in the fourth quarter ended Dec 31, 2019 (4QFY19) fell 19.
New RPGT rates will dampen sales
PETALING JAYA (Dec 31): Malaysia’s revised Real Property Gains Tax (RPGT) rates that take effect from Jan 1, 2019, will dampen market sentiment and sales in the near term, according to industry players.
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Cutting double taxation to lower business costs
KUALA LUMPUR (Nov 5): The announcement that exemptions will be granted for specific business-to-business (B2B) service tax from Jan 1, 2019 for registered service tax entities would help lower the costs of doing business by eliminating pyramiding taxation, or the tax-on-tax effect.
Tax consultants: Zero-rated GST could spur market sentiment
PETALING JAYA (May 17): Taxation consultants lauded the government’s move of zero-rated GST as it will improve the ease of doing business in Malaysia and lessen the hassle for developers, especially those who have mixed-use developments.
Know the transaction costs and taxes when buying property overseas
PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors.
